Flying over WenatcheeIronically, one day after my "bullish" post on Wenatchee, the local newspaper (The Wenatchee World) came out with an article confirming my opinion.  Even though the market has slowed some, which is not necessarily a bad thing, our appreciation factor is still high AND we are leading the nation! 


As I said, the economic climate is so healthy and our lifestyle appeal so strong, the market will stay vibrant.  


I am still convinced, the current "slowdown" is mainly a result of the lending correction going on.  This will get resolved and we can get back to a more normal selling atmosphere.   There is also a factor of prices having risen so much that a percentage of people can not afford to buy.  For investors this relates to a continued strong demand for rental housing... but that's a subject for a post another time.


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Have a great week-end!